Ethereum Watch

Christmas may have come early in crypto land as altcoins are hitting the top of their charts once again in the Asian trading session this morning. Bitcoin has remained relatively flat since the launch of CME’s futures contracts on Sunday. Prices have only fluctuated slightly between $17k and $19k over the past few days. Advertisements […]

Key Highlights ETH price corrected sharply lower after trading to a new high at $864.53 against the US Dollar. A bullish trend line with current support at $715 acted as a buy zone on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently moving higher and is attempting an upside break […]

December 20, 2017 7:26 PM Advertisements A Colorado legislator has introduced a measure to the House of Representatives that would define as gross income gains worth over $600 from the sale or trading of cryptocurrency. On December 18, as news outlets were buzzing with discussion of the Tax Cuts and Jobs Act, Jared Polis (D- […]

Over the last 24 hours, there was a tectonic shift in the cryptocurrency world, as GDAX launched three order books for bitcoin cash (BCH). In the wake of wild price swings and strange activity on other exchanges, parent company Coinbase is is now handling concerns about potential insider trading. Advertisements A Little Background In August […]

ETH/USD Advertisements Ethereum markets rallied initially during the day on Tuesday, reaching as high as $875. However, we had a significant selloff based upon volume later in the day, but found enough bullish pressure to turn things around and rally a bit. Because of this, I believe that the market is going to go looking […]

flickr.com/Marc van der Chijs Advertisements Does anyone else hear Frank Sinatra? Because the song Fly Me To The Moon is stuck in my head. What made me think of that song? All I did was check Ethereum prices this morning. The music started to play as soon as I saw the currency was up 17% from […]

Key Highlights ETH price made a nice upside move and broke the $800 resistance against the US Dollar. There was a break above yesterday’s pointed contracting triangle with resistance at $725 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is heading higher and it might continue to move higher towards the […]

ETH/USD Advertisements Ethereum continues to go sideways during the trading session on Monday, but has a slight upward tilt. Because of this, I believe that the market is going to continue to find buyers underneath, perhaps sending this market to the upside. I think that given enough time, the market should then go towards the […]

Hyperledger, one of the competitors to the Ethereum Enterprise Alliance (EEA), recently lost two of its biggest clients: The CME Group and Deutsche Boerse. Advertisements What’s the big deal? Well, both were major exchanges. Both contributed $250,000 apiece to Hyperledger. And both downgraded their status from Premium to General members. In other words, this is […]

Key Highlights ETH price is struggling to gain traction and is consolidating below $730 against the US Dollar. There is a broad contracting triangle forming with support at $650 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might continue to trade in a range above $650 and with resistance at $730. […]